LAKESIDE RESIDENCE

Ready

DeveloperAL MANAL DEVELOPMENT FZCO

CommunityJumeirah Lakes Towers

AreaAl Thanyah Fifth

Started

19 years 5 months ago17-08-2006

Handover

13 years 1 month ago17-12-2012

Status

CompleteFinished

Project Description

Freehold residential tower development located at the business hub, Jumeirah Lakes Towers. It is designed and constructed as a 2B+G+35+Mech. storey high tower built as a concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+3%

Growth

Current:AED 1,368/sqft

Last 12M:AED 1,324/sqft

Momentum: Last 12Mvs Prior Year

Stable

+1%

Growth

Last 12M:AED 1,324/sqft

Prior Year:AED 1,306/sqft

Community Compare: Last 90DJumeirah Lakes Towers

Discount

-17%

Below Avg

Project:AED 1,368/sqft

Community:AED 1,639/sqft

Liquidity: Last 12MExit Speed

Low

8%Turnover

27Sold (Last 12M)

Supply & Demand Matrix

LAKESIDE RESIDENCE averaged 8% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

226 units

19 sold207 left

Velocity

2 Bedrooms

132 units

8 sold124 left

Velocity

Layouts & Units (358)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 16 units	Type Flat	Beds 2 B/R	Size 1,072 sqft	Avg Price AED 1.4M	Last Price AED 1.8M	Last Sold 24 days ago	Sales 9

Units 26 units	Type Flat	Beds 1 B/R	Size 850 sqft	Avg Price AED 736K	Last Price AED 17K	Last Sold 25 days ago	Sales 32

Units 34 units	Type Flat	Beds 1 B/R	Size 765 sqft	Avg Price AED 990K	Last Price AED 1.2M	Last Sold about 1 month ago	Sales 24

Units 33 units	Type Flat	Beds 1 B/R	Size 835 sqft	Avg Price AED 1.0M	Last Price AED 1.4M	Last Sold about 2 months ago	Sales 31

Units 14 units	Type Flat	Beds 2 B/R	Size 1,290 sqft	Avg Price AED 1.4M	Last Price AED 1.9M	Last Sold 3 months ago	Sales 6

Units 11 units	Type Flat	Beds 2 B/R	Size 1,020 sqft	Avg Price AED 1.4M	Last Price AED 1.9M	Last Sold 3 months ago	Sales 4

Units 7 units	Type Flat	Beds 1 B/R	Size 720 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 3 months ago	Sales 1

Units 8 units	Type Flat	Beds 2 B/R	Size 1,219 sqft	Avg Price AED 1.4M	Last Price AED 1.8M	Last Sold 4 months ago	Sales 12

Units 26 units	Type Flat	Beds 2 B/R	Size 1,153 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold 5 months ago	Sales 25

Units 11 units	Type Flat	Beds 2 B/R	Size 1,167 sqft	Avg Price AED 1.4M	Last Price AED 1.7M	Last Sold 5 months ago	Sales 11

Units 38 units	Type Flat	Beds 1 B/R	Size 802 sqft	Avg Price AED 990K	Last Price AED 850K	Last Sold 6 months ago	Sales 30

Units 47 units	Type Flat	Beds 1 B/R	Size 708 sqft	Avg Price AED 829K	Last Price AED 1.0M	Last Sold 7 months ago	Sales 35

Units 13 units	Type Flat	Beds 1 B/R	Size 826 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold 8 months ago	Sales 5

Units 8 units	Type Flat	Beds 1 B/R	Size 842 sqft	Avg Price AED 883K	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 7

Units 7 units	Type Flat	Beds 1 B/R	Size 831 sqft	Avg Price AED 861K	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 10

Units 6 units	Type Flat	Beds 2 B/R	Size 1,304 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold over 2 years ago	Sales 8

Units 8 units	Type Flat	Beds 2 B/R	Size 1,212 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold over 3 years ago	Sales 7

Units 7 units	Type Flat	Beds 2 B/R	Size 1,295 sqft	Avg Price AED 1.4M	Last Price AED 990K	Last Sold over 4 years ago	Sales 10

Units 3 units	Type Flat	Beds 2 B/R	Size 1,160 sqft	Avg Price AED 1.4M	Last Price AED 1.0M	Last Sold almost 5 years ago	Sales 2

Units 11 units	Type Flat	Beds 2 B/R	Size 1,016 sqft	Avg Price AED 981K	Last Price AED 900K	Last Sold almost 5 years ago	Sales 4

Units 104	Type Flat	Beds 1 B/R	Size 713 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 772 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 843 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 109	Type Flat	Beds 1 B/R	Size 853 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 112	Type Flat	Beds 1 B/R	Size 1,216 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 1 B/R	Size 1,757 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 1 B/R	Size 2,015 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 107	Type Flat	Beds 2 B/R	Size 1,152 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds 2 B/R	Size 1,188 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 111	Type Flat	Beds 2 B/R	Size 1,941 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 2 B/R	Size 3,485 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

31 unique layouts covering 358 units